Randall & Quilter (R&Q)
Redomiciling: Insurer’s paradise?
With continued uncertainty over Solvency II, could more firms be tempted to follow the lead of Randall & Quilter and split their tax and regulatory domiciles?
R&Q and MPPA reach agreement
Randall & Quilter has reached an agreement with MPPA Insurance to receive by way of novation all contracts underwritten by MPPA.
Market Moves: Recruitment race back in top gear with big moves for Towergate, Bluefin and more
After a muted couple of weeks, the recruitment conveyor belt went into overdrive with an array of high-profile appointments and departures. Major moves included Towergate losing its network division acquisition director to rival Bluefin, two days before…
Randall & Quilter upbeat ahead of AGM
Randall & Quilter's first half financial result is expected to be in line with the board's expectations, according to chairman and chief executive Ken Randall.
R&Q agrees PTP with Finnish firm Turva
Randall & Quilter Investment Holdings has agreed a portfolio transfer plan with mutual insurance company Turva.
R&Q completes French acquisition
Randall & Quilter Investment Holdings has closed the acquisition of the share capital of French domiciled insurer La Réassurance Intercontinentale from MMA.
R&Q recruits two to high-net-worth MGA
Randall & Quilter’s high net worth managing general agent Synergy has recruited underwriters from Chubb and Gallagher Heath.
R&Q sees total 2012 income up 41%
Randall and Quilter has reported total group income of £52m for the year ending December 31, up 41% on 2011’s equivalent figure of £36.8m.
R&Q plots Bermuda move
Randall & Quilter is planning to redomicile its holding company in Bermuda, moving out of the UK.
R&Q MGA launches Lloyd’s yacht consortium
Randall & Quilter’s multi-line underwriting agency, R&Q MGA, has created a dedicated Lloyd’s consortium to provide yacht and small vessel cover, globally.
R&Q 2012 profits “in line with expectations”
Profits at run-off provider Randall & Quilter are set to match market expectations for the calendar year 2012 it was announced today.
R&Q outlines captive exit solution
Randall & Quilter Investment Holdings has effected a novation of policies from Guernsey-domiciled captive insurer SL Insurance to R&Q Insurance.
R&Q selects Sequel software
Randall & Quilter Managing Agency has implemented Sequel's Eclipse Underwriting software to form part of its newly launched Syndicate 1991 operating platform.
R&Q launches first-party Lloyd's syndicate
Scor and XL have backed new £77m capacity Lloyd's syndicate launched by Randall & Quilter that will begin underwriting on 1 January.
R&Q completes Capstan acquisition
Randall & Quilter has formally completed the purchase of the entire share capital of Guernsey-domiciled Capstan Insurance Company.
Randall & Quilter buys captive insurer Rab
Randall & Quilter Investment Holdings has completed the acquisition of the entire issued share capital of Guernsey domiciled captive insurer Rab Insurance from the owner Drakelow Development Holdings.
R&Q reports 56% rise in profit
Randall & Quilter has reported a 56% increase in profit before tax to £4.6m in the first half of 2012 compared with the same period last year(H1 2011: £3.0m).
Randall & Quilter to launch Lloyd's Syndicate 1991
Randall & Quilter Investment Holding's managing agent RQMA has been given approval "in principle" by the Lloyd’s Franchise Board to form Syndicate 1991.
R&Q settles Ace legal dispute
Randall & Quilter has reached an agreement in principle, which would resolve all of its outstanding legal cases with various companies of the Ace group.
R&Q could eye a partner for Brit run-off
Run-off specialist Randal & Quilter has indicated it could be interested in taking over the Brit business put into run off after QBE takes over renewals in the UK, but said it expected to focus on a stream of profitable smaller run-off deals.
R&Q acquires run-off NFIL
Randall & Quilter Investment Holdings has completed the acquisition of the entire issued share capital of NFIL, a Guernsey domiciled captive insurer.
R&Q takes Syndicate 1208 from Equity
Randall and Quilter has reinsured-to-close the former 2007 year of account of Syndicate 1208 into the 2012 year of account of Syndicate 3330.
Websure completes R&Q Marine Services implementation
Specialist insurance software provider Websure has completed the implementation and launch of R&Q Marine Services which was formed when the yacht and marine trade teams portfolio was transferred from Underwriting Risk Services.
R&Q buys Lloyd’s HNW MGA Synergy
Randall and Quilter is to buy the high net worth managing general agent Synergy Insurance Services.